YouthNet blog
An insight into youth issues, volunteering trends, charity life and more from the UK charity YouthNet
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Wednesday Jul 16, 2008
A penny for your thoughts? Young people, debt & finance
We ran a very topical presentation here at YouthNet alongside Citizens Advice, the Financial Services Authority and HM Treasury a few weeks ago. The theme was young people, debt and finance, and the presentation covered some key points about how debt impacts on their lives, where they find information on financial advice and what their understanding of financial terminology is.Most of what we covered was taken from a survey of 651 young people from TheSite.org. We got some great press coverage of the results of the survey, both here and in the USA, although interestingly (and perhaps not surprisingly), most articles chose to focus on one finding in particular – that 66% of young people surveyed agreed that it was too easy to get credit.
If you'd like a copy of the survey or want to hear more about the presentation, just drop us a line.
